The Newbern Foundation FY2022 filing

Tax-deductible

Roanoke, VA501(c)(3)Foundations & GrantmakersEIN 54-2016695Revenue $135K in FY2022

On file with the IRS3570 Hershberger Rd Nw, 24017-1834 · Roanoke, VATax-exempt since Nov 2001Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2022 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $100K a year · 53% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$135K
+8% vs prior year
Spent
$108K
Net assets
$2.4M
By yearFY2020–FY2024
Revenue
$135K
FY2022▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$17K
FY2021$126K
FY2022$135K
FY2023$7K
FY2024$660K
Expenses
$108K
FY2022▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$103K
FY2021$106K
FY2022$108K
FY2023$10K
FY2024$117K
Net assets
$2.4M
FY2022▼ -18%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.0M
FY2021$2.9M
FY2022$2.4M
FY2023$2.8M
FY2024$3.6M

From the FY2022 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 91% · $99K Operating & administrative 9% · $10K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
See The Newbern Foundation executive salaries →

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Programs and updates

A private foundation based in Roanoke, VA.

Questions for The Newbern Foundation

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 106 grants · $106K · 2024–2024
Alexander-Tharpe Fund at Ga TechFY2024$10,000
Individual RecipientFY2024$3,000
Individual RecipientFY2024$2,500
Navy Seal Foundation INCVA · FY2024$2,500
AmericaresTX · FY2024$2,000
Boy Scouts of AmericaFY2024$2,000
Salvation Army Roanoke ChapterFY2024$1,500
Roanoke Valley Christian ChurchFY2024$1,500
Operation Gratitude INCCA · FY2024$1,500
National Dday MemorialFY2024$1,500
Individual RecipientFY2024$1,500
Judicial Watch INCDC · FY2024$1,500
Hillsdale CollegeMI · FY2024$1,500
Heritage FoundationFY2024$1,500
Clare Boothe Luce Policy InstituteFY2024$1,500
Folds of HonorFY2024$1,030
St Jude INCTX · FY2024$1,000
Young Life Nassau CountyFY2024$1,000
See all 106 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV36
Average grantPart XV$1K
Median grantPart XV$1K
Largest grantPart XV$10K
Top cause focusNTEEHuman Services (6%)

By the numbers

The FY2022 990-PF, line by line.

1The main four
Money in
$135K
Investment income$135K
Gifts and grants$97K
Money out
$108K
Grants paid$99K
Running costs$10K
Owns and owes
$2.4M
net assets
Cash and savings$22K
Total assets$2.4M
Liabilities$0
2In more detail
Revenue in detail
Gifts and grants$97K
Investment income$135K
Total revenue$135K
Assets in detailEnd of year
Cash and savings together$22K
Total assets$2.4M
Liabilities$0
Net assets$2.4M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $660K$117K$543K$3.6M 990 PDF
FY2023 $7K$10K−$3K$2.8M 990 PDF
FY2022 Viewing $135K$108K$27K$2.4M 990 PDF
FY2021 $126K$106K$19K$2.9M 990 PDF
FY2020 $17K$103K−$86K$2.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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